On October 8, Paschal Donohoe’s budget forecast that in 2020, the State would spend some €71.4 billion – a 7 per cent increase on 2019’s projected spend of €66.6 billion. On the income side, the minister’s budget speech predicted that “an increase in tax revenue is also in prospect for 2020”.  And things had been going well. Tax collection numbers for January and February 2020 were up 14 per cent on last year, producing a budget surplus of over €1 billion for the first two months of this year. Budget 2020 budget was framed with Brexit in mind or, as…

Join The Currency

INTRODUCTORY OFFER.

Sign up today: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 3,200 exclusive interviews, investigations, and analysis, plus over 220 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.